U.S. Equities Move Higher Amidst Brexit Voting
U.S. equities futures were pointing higher Thursday as markets waited for the results of U.K.'s Brexit vote, expected well after the close of U.S. markets.
At 8:30 a.m. E.T., initial jobless claims are expected to sink back tightly to trend, down 7,000 in the June 18 week to a consensus 270,000, according to data compiled by Econoday. The range is between 268,000 and 272,000.
In other data, also at 9:45 a.m., the manufacturing PMI is expected to hold at a near standstill, barely above 50, at 51.0 for the June flash vs a final May reading of 50.7.
At 10:00 a.m., new home sales are forecast to fall back to 565,000 in May from 619,000 in April . The consensus range is between 500,000 and 610,000.
In equities Cleantech Solutions International ( CLNT ) shares were 36% higher after the manufacturer of textile dyeing equipment said its variable interest entity, Wuxi Huayang Dyeing Machinery, received a purchase order totaling RMB26.6 million ($4 million) for its high temperature air-flow dyeing machines from a textile manufacturer based in Hangzhou, China.
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